VANCOUVER, Feb. 21, 2019 /CNW/ - Universal mCloud Corp. (TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company") is pleased to announce its inclusion on the TSX Venture Exchange's ("TSXV" or "The Exchange") 2019 Venture 50 list of top performing companies.
Today, the TMX announced its 2019 Venture 50 ranking of top performing companies on the TSX Venture Exchange. The ranking is comprised of 10 companies from each of the five industry sectors. Based on mCloud's 2018 performance, The TSXV has ranked mCloud as one of the top 10 technology companies on the exchange. The Exchange measures companies by share price, trading volume and market capitalization.
"Less than a year and a half ago, mCloud began trading on the TSX Venture Exchange," stated Russ McMeekin, President and Chief Executive Officer. "In this short period of time, we have executed our strategy and meaningfully developed our business, growing our number of connected assets from six thousand to 28 thousand. We have diligently created value for our shareholders and are pleased to demonstrate how our progress has made a measurable impact."
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About Universal mCloud Corp.
Universal mCloud is headquartered in Vancouver, BC with technology and operations centres in San Francisco, CA and Bristol, PA. mCloud is an Artificial Intelligence and Analytics, IoT connected asset care cloud solution company utilizing connected IoT devices, AI, deep energy analytics, secure mobile and 3D technologies that rally all asset stakeholders around an Asset-Circle-of-Care™, providing complete real-time and historical data coupled with guidance and advice based on deep analytics and diagnostics resulting in optimal performance and care of critical equipment. It's all about the asset. The powerful and secure AssetCare™ environment is accessible everywhere, 24/7 through standard mobile devices, ruggedized headsets, and web browsers. For more information, visit www.mCloudCorp.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Universal-mCloud Corp
For further information: Madelin Daviau, NATIONAL Capital Markets, T: 416-848-9833, [email protected]; Russ McMeekin, Chief Executive Officer, Universal mCloud Corp., T: 415-635-3500